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Business, 30.10.2020 18:00 Ltik11900

A preferred stock from Hecla Mining Co. (HLPRB) pays $3.10 in annual dividends. If the required return on the preferred stock is 6.10 percent, what is the value of the stock? (Round your answer to 2 decimal places.)

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A preferred stock from Hecla Mining Co. (HLPRB) pays $3.10 in annual dividends. If the required retu...
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